• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • March New Vehicle Sales to Rise 6.2% Over Last Year
  • Hyundai, Kia Recall Warns Owners of 570K Vehicles to Park Outside
  • Ford Facing $3 Billion in Losses on EV Business for 2023
  • Higher Interest Rates, Bank Failures Pose Challenge to Car Business
  • General Motors to Face Class Action Lawsuit
  • Cruise Applies to Test Robotaxis Statewide in California
  • Chevrolet Pulling Plug on Camaro – But an All-Electric Successor Already in the Works
  • Want to Buy an EV? Welcome to the 34 Percent!
  • The End of an Era for Rolls-Royce
  • South Carolina Provides $1.29 Billion Incentive for new Scout Factory
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2023 Genesis GV80 Prestige 3.5 Turbo
    • First Drive: 2024 Dodge Hornet R/T
    • First Drive: 2023 Dodge Hornet GT
    • First Drive: 2023 Genesis Electrified GV70
    • First Drive: 2023 Nissan Ariya e-4orce AWD
    • A Week With: 2023 Jeep Compass Limited
    • A Week With: 2023 Cadillac Escalade V-Series
    • A Week With: 2023 Volvo XC40 AWD Ultimate
    • First Drive: 2024 Subaru Crosstrek
    • First Drive: 2023 Lexus RZ 450e
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automobiles > Trump to Meet with Detroit CEOs on Tuesday

        Trump to Meet with Detroit CEOs on Tuesday

        Plenty of room for deal-making.

        Paul A. Eisenstein
        Paul A. Eisenstein , Publisher & Editor-in-Chief
        Jan. 24, 2017
        Will Trump use the carrot, the stick, or both, during his meeting with Detroit's Big 3 CEOs.

        With an assortment of global leaders set to visit the White House in the coming weeks, President Donald Trump will first take time to meet with the CEOs of the Detroit Three automakers in the Oval Office this morning, and it’s expected there will be plenty on the agenda.

        Trump has put a lot of emphasis on the auto industry since launching his campaign in 2015, notably taking shots at the largest of the two domestic makers for importing cars from Mexico. He has threatened to enact a “big border tax,” according to a tweet fired at General Motors earlier this month, scuttled the Trans-Pacific trade pact and advised both Mexico and Canada of his plan to renegotiate the NAFTA deal.

        Breaking News!

        While industry officials worry about the impact of new trade barriers, they’re also hoping to get a sympathetic ear from the new president on a variety of their own concerns, including corporate taxes and government regulations like the tough Corporate Average Fuel Economy, or CAFE, mandate the EPA reaffirmed in the final hours of the Obama Administration.

        (For more on the Trans-Pacific Partnership announcement, Click Here.)

        How campaign rhetoric will translate into policy has been a simmering question within automotive circles.

        “I need clarity. I think we all need clarity,” Fiat Chrysler Automobiles CEO Sergio Marchionne said during a media roundtable at the North American International Auto Show in Detroit on January 9. “And we are not the only ones that need clarity.”

        "I need clarity," says FCA CEO Sergio Marchiane.

        Automakers are particularly concerned about Trump’s threat to crack down on cross-border trade, particularly with Mexico, which has become one of the five largest car-producing nations in the world in recent year. Almost all major automakers now operate assembly plants south of the border, and Ford took intense heat from candidate Trump when it announced, last April, plans to move all small car production to Mexico.

        Earlier this month, Ford announced it was scrubbing plans to build a $1.6 billion plant in that country, but contrary to statement’s Trump quickly made, it will still go ahead with plans to move small car production to Mexico. General Motors and FCA have since announced new investments and jobs for the U.S. but, as TheDetroitBureau.com has reported, those plans were already laid out well before the November 2016 election.

        The new president could spell out for the Detroit CEOs just how tough he is going to be on trade, and whether he will follow up with the 35% tariff he has suggested he could put in place.

        The automakers, on the other hand, are likely to stress the challenges they would face were they forced to produce all vehicles sold in the U.S. within American borders. They could point to a study released this month by the Center for Automotive Research, or CAR, in Ann Arbor, Michigan, that warned that eliminating NAFTA would actually cost 31,000 American jobs. Other experts warn that vehicle prices would also surge while consumers would wind up with fewer vehicles to choose from.

        The industry leaders are far more open to the idea of cutting corporate taxes, as well as Trump’s pledge to scale back government regulations. Nowhere would they like to see that more than when it comes to CAFÉ. The outgoing Obama Administration just like week locked down the controversial 2025 target of 54.5 mpg.

        (For more on the EPA’s mileage decision, Click Here.)

        Another CAR study predicts that while the industry could reach that goal it could add thousands of dollars to the average vehicle’s price tag, hammering demand.

        While Gloria Borquist, the vice president of communications for the trade group Auto Alliance, called the EPA decision “Disappointing,” CAFE proponents hope to convince the new president to leave the rule stand. Fuel economy standards “are spurring investment, creating and securing American jobs, cutting pollution, and building a better quality of life for families across the nation— its common sense to continue this momentum,” argues Kim Glas, Executive Director of the BlueGreen Alliance.

        In recent years, the Obama White House wielded both carrot and stick in dealing with the auto industry. It cracked down hard on criminal and ethical abuses: fining GM nearly $1 billion for failing to catch a deadly ignition switch problem, and negotiating nearly $20 billion in settlements covering Volkswagen’s diesel emissions scandal. Six VW employees were also indicted, as were several executives at Takata, the Japanese supplier that covered up problems with fatally flawed airbags.

        But the Obama Administration also set up the first-ever industry-government consortium aimed at bringing new safety technology to market faster than would be possible through the traditional rulemaking process.

        Expect to see the Detroit CEOs – and their import colleagues – argue that this is the approach they’d like to see more of in the years ahead.

        As a businessman, Trump liked to promote himself as a master of deal-making. It would surprise few if the Tuesday White House meeting would be the start of that process for the auto industry.

        (Trump threatens Canada, Mexico, with new border tariffs. Click Here for the story.)

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published
        Dealer lot 2021

        March New Vehicle Sales to Rise 6.2% Over Last Year

        Yesterday
        2022 Hyundai SantaFe 7

        Hyundai, Kia Recall Warns Owners of 570K Vehicles to Park Outside

        Yesterday
        Bronco Raptor rock crawling REL

        Ford Facing $3 Billion in Losses on EV Business for 2023

        Yesterday

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: